NOVICELL ApS — Credit Rating and Financial Key Figures

NOVICELL ApS (CVR number: 20297743K) is a company from AARHUS. The company recorded a gross profit of 162.5 mDKK in 2023. The operating profit was -9611.6 kDKK, while net earnings were -9876.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NOVICELL ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.